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Barroso blames it all on America – only the German banks went bust first

SO, Barosso, the President of the European Commission has this to say about the current euro disaster:

“This crisis was not originated in Europe … seeing as you mention North America, this crisis originated in North America and much of our financial sector was contaminated by, how can I put it, unorthodox practices, from some sectors of the financial market.”

Which is interesting because it’s complete tosh.

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Posted: 19th, June 2012 | In: Money | Comment (1)